The Blue Management: Adding Economic Value to Restoration Actions in Collapsed Ecosystems
Eduardo Mello,
David Smyth,
Mark Chatting,
Juha Mikael Alatalo and
Bruno Welter Giraldes ()
Additional contact information
Eduardo Mello: Environmental Science Centre, Qatar University, Doha P.O. Box 2713, Qatar
David Smyth: Ulster Wildlife, McClelland House, Belfast BT3 9LE, UK
Mark Chatting: School of Civil Engineering, University College Dublin, D04 V1W8 Dublin, Ireland
Juha Mikael Alatalo: Environmental Science Centre, Qatar University, Doha P.O. Box 2713, Qatar
Bruno Welter Giraldes: Environmental Science Centre, Qatar University, Doha P.O. Box 2713, Qatar
Sustainability, 2023, vol. 15, issue 8, 1-13
Abstract:
This study presents a strategy for environmental management that aims to enhance efforts to restore threatened ecosystems. We review the exploratory system and classify the stakeholders and driving forces behind nature exploitation. Based on successful environmental management cases, we propose practical modifications for adding economic value to restoring collapsed ecosystems, resulting in the development of blue management. Blue management isolates specific stakeholders such as nature exploiters, governmental bodies, and nature scientists. We propose the division of nature users into large footprinting companies (funders), natural resources exploiters industry (managers), and subsistence exploiters (workforce) and emphasize the importance of increasing the interaction between nature exploiters and natural scientists to accelerate the restoration of threatened natural resources. Blue Management offers stakeholders practical alternatives for improving collapsed/threatened natural assets (ecosystems) based on economic, social, and ecological theories. It provides a summarized pathway for decision-makers to restore unproductive resources, avoiding the migration of the exploratory system to new pristine resources. In summary, blue management is a practical approach that combines economic, social, and ecological theories to restore threatened ecosystems. It offers decision-makers a pathway to restore unproductive resources while avoiding the exploitation of new pristine resources. Additionally, blue management has the potential to improve the research and development of technologies and systems related to nature restoration. We believe that this approach can help achieve the goals of the UN decade of ecosystem restoration and contribute to the sustainable use of natural resources.
Keywords: environmental management; ecosystem restoration; threatened natural resources; environmental footprint; blue economy (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:15:y:2023:i:8:p:6758-:d:1125469
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